Q3 2022 vs. Q4 2022: Probity Advisors, Inc.'s Key Fund Changes Revealed

Probity Advisors, Inc.'s Q3-Q4 2022 changes have drawn attention for revealing some significant changes to their investment portfolio. In this analysis, we will go over the key changes of the Probity Advisors' portfolio.

The latest filings from the organization show that they have increased their investments in companies like Ishares TR, ISHARES INC, SPDR SER TR, VANGUARD INDEX FDS, and MICROSOFT CORP, and decreased investments in ALBEMARLE CORP, BCE INC, and AMAZON COM INC. Let's delve deep into the specific holdings summary by Probity Advisors, Inc. to understand these changes better.

Firstly, it is worth noting that Probity Advisors' largest holding is in ISHARES TR. With an increase of 1,727 shares, it has become one of their top-performing investments by the end of Q4 2022. The holdings of ISHARES TR in Q3 2022 were 322,078 shares and valued at $41,394,000. Its value surged considerably in Q4 2022 to $46,974,000 with ownership of 323,805 shares. This investment constitutes over 10% of the total portfolio of Probity Advisors, making the increase of shares a notable shift.

Another firm in which Probity Advisors increased their stake is ISHARES INC, now owning 205,286 shares compared to 205,009 shares in Q3 2022. The value of this investment also saw a jump from $8,811,000 to $9,586,000 in Q4 2022. Additionally, they now own 268,849 shares in SPDR SER TR, which is up from 234,312 shares in Q3 2022. Another notable increase is in VANGUARD INDEX FDS. Probity Advisors increased their stake, leading to a holding of 51,184 shares in Q4 2022, compared to 50,107 shares in the previous quarter.

One of the significant decreases in stake was with an investment in Amazon. This stock took a significant hit, dropping nearly 25% in value from $1.33bn in Q3 2022 to $1.01bn in Q4 2022. The number of shares in Amazon held by Probity Advisors also decreased from 11,781 to 11,999. Moreover, another stock in which they decreased holding was ALBEMARLE CORP. By the end of Q4 2022, Probity Advisors owned 5,820 shares of this company, down from 6,125 in Q3 2022. Similarly, BCE INC holdings slid from 21,622 shares in Q3 2022 to 21,833 in Q4 2022.

Additionally, Probity Advisors have shown to have increased their stake in MICROSOFT CORP. The number of shares held has increased from 24,670 in Q3 2022 to 24,940 in the latest report. Moreover, the value of the stake ascended from $5,746,000 in Q3 2022 to $5,981,000 million in Q4 2022.

In conclusion, Probity Advisors, Inc.'s Q3-Q4 2022 filings highlight their increasing focus on investments in the ISHARES TR, ISHARES INC, SPDR SER TR, and VANGUARD INDEX FDS stocks. While the company has made some striking increases in their investments, they have decreased their holdings in ALBEMARLE CORP and BCE INC. Overall, Probity Advisors continues to make eye-catching changes to its holdings, which analysts believe may have an impact on future performance predictions.